Patient Portal Market Study 2023:
The Patient Portal Market has been growing rapidly in recent years due to the increasing demand for improved healthcare services and the need for better patient engagement. Patient portals are web-based applications that enable patients to access their medical records, view test results, schedule appointments, communicate with their healthcare providers, and manage their health information from the comfort of their homes. The adoption of patient portals has been driven by the need to enhance patient engagement, improve care coordination, and reduce healthcare costs. As healthcare providers continue to adopt electronic health records (EHR) systems, patient portals are becoming an integral part of the healthcare ecosystem, and their market is expected to continue growing in the coming years.
One of the key trends in the patient portal market is the integration of artificial intelligence (AI) and machine learning (ML) technologies. AI-powered patient portals can provide patients with personalized health recommendations based on their medical history and health status, and can also help healthcare providers identify patients who are at risk of developing chronic diseases. AI and ML algorithms can also analyze patient data to identify patterns and trends, which can be used to improve healthcare services and patient outcomes. Another trend in the patient portal market is the increasing use of mobile devices. Mobile-enabled patient portals enable patients to access their health information on the go and provide healthcare providers with real-time data that can be used to make informed decisions about patient care. As patients become more accustomed to using mobile devices for healthcare services, the demand for mobile-enabled patient portals is expected to increase, driving the growth of the patient portal market.
“According to SNS insider, The Patient Portal Market Size is Escalated to US $ 3.45 bn in 2022 and is expected to reach US $ 14.36 bn by 2030, with a growing healthy CAGR of 19.5% over the forecast period 2023-2030.”
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In order to provide readers with knowledgeable insights and assist them in expanding their market coverage, Patient Portal market research looks into and analyses the market’s global reach. The market study includes data on, among other things, sales, revenue, market share, stake, size, and growth. In the research, several market movements and the COVID-19 Pandemic’s effect on the market are discussed. A market research report that clearly and thoroughly describes each of the major market sectors.
Major Key Players Analysis covered in the Patient Portal Market is listed below:
- Allscripts Healthcare Solutions Inc.
- Cure MD
- Epic Corporation Inc.
- Athenahealth
- eClinicalWorks, Cerner Corporation
- McKesson Corporation
- NextGen Healthcare Information Systems
Patient Portal Market Segmentation Analysis 2023
A thorough segmentation analysis of the target market is part of the study approach. Major regions where the industry is thoroughly examined include North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa. The study looks at regional market leaders and indicators for market growth. In addition to a forecast of key segments, this global Patient Portal market report gives a review of current market trends, drivers, restraints, and metrics. The research also examines projections for the expansion of product and service demand.
Major Segments and Sub-Segment of the Patient Portal Market are Listed Below:
By Type
- Standalone
- Integrated
By Delivery Mode
- Web-Based
- Cloud-Based
By End Users
- Providers
- Payers
- Pharmacies
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In this study, the years considered to estimate the market size of Patient Portal are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028
Regional Analysis Covered in this report:
- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]
Competitive Analysis
Numerous in-depth primary interviews with participants in the industry and pundits were conducted in order to validate the data and gain deeper analytical insights into the subject. In this process, vice presidents, business development managers, market intelligence managers, and national sales managers are frequently involved, as are external consultants with expertise in the Patient Portal market, such as valuation specialists, research analysts, and key opinion leaders.
COVID-19 Impact Analysis
This research study provides a thorough historical overview of the global market, along with market predictions for each area, nation, and sub-segment. It examines the sales volume, price, revenue, gross margin, historical growth, and prospects for the Patient Portal market. In this study article, the effect of COVID-19 on this industry is examined. COVID-19 has the potential to impact the global market in three different ways: by directly changing supply and demand, upsetting supply networks and marketplaces, and financially impacting businesses and financial markets.
Table of Contents – Major Key Points
- Introduction
- Research Methodology
- Market Dynamics
- Impact Analysis
- Value Chain Analysis
- Porter’s 5 Forces Model
- PEST Analysis
- Patient Portal Market Segmentation, By Type
- Patient Portal Market Segmentation, By Delivery Mode
- Patient Portal Market Segmentation By End Users
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Conclusion
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